Nvidia’s next AI server system, Kyber NVL144, has been delayed by over a year due to manufacturing issues with circuit boards, causing stock losses among Asian suppliers. The delay has also led to the scrapping of planned designs, including a more powerful chip and a key interconnect technology. This gives competitors like AMD and Google a timing advantage, and while the stock drops are seen as profit-taking, it highlights the intense competition in the AI market. Why it matters: the delay could significantly impact Nvidia’s position in the AI landscape, allowing competitors to gain ground and potentially altering the trajectory of AI innovation.